factual

What documentation, including insurance certificates, must be provided to Americas Best Value Inn before opening?

Americas_Best_Value_Inn Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (viii) you provide us with all requested documentation, including but not limited to certificates for all required insurance policies;

  • (c) Evidence of Insurance. Within 10 days of the Effective Date, and in any event, prior to opening your Hotel as a Brand Hotel, you must provide us certificates of insurance showing compliance with the insurance requirements. The certificate of insurance must include a statement that the policies will not be canceled without at least 30 days' prior written notice to us. Upon our request, you must supply us with copies of all insurance policies and proof of payment. You also must deliver renewal certificates to us not less than 10 days prior to each insurance policy's renewal date.

Source: Item 23 — RECEIPTS (FDD pages 71–223)

What This Means (2025 FDD)

According to the 2025 Americas Best Value Inn FDD, before operating a hotel under the brand, a franchisee must provide all requested documentation, including certificates for all required insurance policies. This is one of several conditions that must be met before the hotel can open as an Americas Best Value Inn.

Specifically, within 10 days of the Effective Date of the franchise agreement, and definitely before opening the hotel as a branded location, the franchisee needs to furnish certificates of insurance. These certificates serve as proof that the franchisee is compliant with the insurance requirements set by Americas Best Value Inn. The certificate must also guarantee that the insurance policies will not be canceled without at least 30 days' prior written notice to Americas Best Value Inn.

Americas Best Value Inn also retains the right to request copies of all insurance policies and proof of payment from the franchisee. Furthermore, franchisees are obligated to deliver renewal certificates to Americas Best Value Inn at least 10 days before each insurance policy's renewal date. This ensures that Americas Best Value Inn remains informed about the franchisee's insurance coverage and can verify its continued compliance with the brand's requirements.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.